Obama to raise taxes on the wealthy and corporations only?Yes, using the big lie which is the dirty little secret that the Leftists do not want discussed, a tax increase is planned for every human being living and dead in the USA, legal citizen or not.
When you hear a Leftist talk about taxing the Corporations and not taxing the poor, you are being told the “BIG LIE”.
What is the “Big Lie”? Corporations do not pay taxes. They simply collect them.
For all of you that march in lock step with the Obama camp, let me put it to you this way.
The Big Bad Corporation that produces K-Y Jelly has just had their taxes raised by Obama. These Taxes add up to a total of 1 penny per unit produced. Sounds small doesn’t it.
K-Y Corporation then adds one and 1/10th penny to the cost of each unit to their distributors. Why the 1/10th addition? K-Y has to pay accountants and administration staff to deduct the tax from their proceeds, and pay it to the Federal Government, not to mention State and Local governments. If they don’t keep the books they can go to jail.
The Distributor now has to add another 1.1 penny to each unit sold to the retailer. The Retailer add another 1.1 penny, until it is sold to the user who has to pay an additional 3.3 cents per unit bought.
NOTE: K-Y Corporation is only being used as an example, so the indoctrinated Left can relate.
This will apply to every corporation in America so each and every item of anything you purchase will cost you a few pennies more. Every person, no matter what age, race, gender, gender preference, religion, income status, or legal status who buys anything legally will suffer the tax increase. (Does not apply for items bought on the black market)
For all of you “Lock Step Liberals” going to College, the next time you buy one of your professor’s $120.00 text books; it will cost you $125.00. Hope your feeling patriotic.
The Professor of course will tell you about the evils of capitalism and the virtues of Marxism as he receives his check from the book store for the sale.
The Hollywood left will scratch their heads and blame the Movie houses for raising ticket prices when people cutback on entertainment, and their hundreds of millions of movie revenue is reduced to 10’s of millions.
And so on and so on……
Bottom line: Corporations don’t pay corporate taxes; they collect them for the Government. When you hear anyone say Tax the Corporations and cut taxes for the middle class, they are lying to you because they think you are too stupid to know any better.
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